KUALA LUMPUR, Oct 7 (Bernama) -- The proposal to integrate elements of the goods and services tax (GST) with the sales and service tax (SST) aims to ensure no cascading tax effect in the country’s taxation system, said Deputy Finance Minister Liew Chin Tong.
Business : SST Remains, But Suitable GST Features Could Curb Tax Cascading -- Liew
GST, SST, Tax, Parliament, Economy
Key points
- He said the SST would remain the country’s taxation system; however, the government would incorporate suitable features from the GST into the existing system.
- “This means our system is the SST system, but we have adopted elements from the GST system to ensure there is no cascading element or no cascading effect in our system,” he said in a reply to a supplementary question in the Dewan Rakyat today.
- On Aug 18, Prime Minister Datuk Seri Anwar Ibrahim said that the government is open to exploring a proposal to combine elements of the GST and SST to ensure a more progressive national taxation system.
Sentences selected automatically from the original article by Bernama.
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Related reporting
6 stories on this topic from 5 sources, oldest first.
- Free Malaysia Today SST to stay, govt to adopt ‘good’ GST features
- Malaysiakini (BM) Elemen GST diserap ke dalam SST bagi elak cukai berlapis - Liew
- Bernama Business : SST Remains, But Suitable GST Features Could Curb Tax Cascading -- Liew (this story)

